For $60, you’ll now get unlimited talk/text and 2GB of data. If you are paying for your device with Verizon’s Edge plan, your monthly bill will decline by $10 to $50 a month. (Of course you’ll be paying the Edge payments on top of that.)

You’ll also have to be $15 for every GB you go over your cap.

AT&T’s similar package costs $65, while Sprint’s single-line plan is $55 for 1GB of data. T-Mobile also offers 1GB for $50, or 3GB for $60.

If these companies can get down to $40-$50 a month, total, including phone payments and what not, I think they’d make so much more money because people could afford it. For instance (I’m bringing the numbers way, way, way, down), if they have 100 accounts now, I think they could achieve 250-300 with cheaper plans, which in turn make them more money, even with the cheaper price. I’m college educated with a decent job, and I could barely afford a single plan if I needed it.